One of the Benefits of Using Proposal-Writing Software When Developing

question 21

Multiple Choice

One of the benefits of using proposal-writing software when developing proposals is its ability to

• A)answer questions about the RFP.
• B)eliminate previous contact information.
• C)create a centralized knowledge base.
• D)ensure proper structure.
• E)develop boilerplate text.

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Definitions:

Marginal Productivity

Marginal productivity measures the change in output resulting from altering the level of a single input while holding other inputs constant.

Marginal Costs

The added financial burden of creating one more unit of a product or service.

Average Costs

The total cost of production divided by the quantity produced, often used to evaluate production efficiency.

Fixed Costs

Costs that remain constant regardless of the level of production or sales activities, such as rent, salaries, and insurance premiums.